These HR Startups Are Using Tech To Optimize Recruiting For Some Of India’s Biggest Companies
India is one of the fastest growing nations in Asia, with a burgeoning workforce to match. According to the India Employment Report, more than 460 million people above the age of 14 years were employed in 2015-16, which is nine million more than a decade ago. India alone produced 6.3 million graduates and 1.4 million post-graduate students in 2015.
And those numbers are only increasing. In the next decade, India will account for more than half of Asia’s workforce. So how do corporates cope with this ever-increasing influx of skilled candidates? Are these skilled workers landing jobs that are suited to their skill sets? A wave of Indian startups are tapping into technologies such as artificial intelligence, machine learning and predictive analytics to build plug-and-play platforms for large companies with the aim of assisting large companies to address their recruitment needs and simplify complex hiring processes.